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Mortgage Advantage Lending Celebrating 18 Years!
  • Home
  • Purchase
  • Refinance
  • Loan Options
  • What We Offer
  • What You Should Know
  • Do's & Don'ts
  • Understand Your Credit
  • PITI
  • More
    • Home
    • Purchase
    • Refinance
    • Loan Options
    • What We Offer
    • What You Should Know
    • Do's & Don'ts
    • Understand Your Credit
    • PITI
  • Home
  • Purchase
  • Refinance
  • Loan Options
  • What We Offer
  • What You Should Know
  • Do's & Don'ts
  • Understand Your Credit
  • PITI

Do's & Don'ts during the Loan Process

DO'S

  • Get all your documents ready 
  • Know what you can afford
  • Get pre-approved
  • Pay all your bills on time
  • Have a savings plan
  • Spend wisely
  • Line up Homeowner’s Insurance Policy
  • Communicate with your Lender any life changes  

DON'TS

  • Start the process without a budget 
  • Apply for any new credit, loans or financing 
  • Make any large purchases (car, boat, etc.) 
  • Resign or switch jobs without talking to your Lender
  • Co-sign on any loans
  • Close credit accounts
  • Make any big cash deposits
  • Panic! We’re here every step of the way!  

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